Eric Sprott appears as a guest on Max Keiser’s Keiser Report and discusses silver, gold and other commodity prices. His opinion on the recent declines is that is merely profit taking and the upward movement in gold, silver and other commodity prices will continue shortly. According to Sprott, Gold has become the world’s reserve currency due to ongoing currency devaluation by governments. He also says that silver was manipulated lower.
Sprott has put his money where his mouth is. While having recently sold PSVL (Physical Silver Trust), he poured the proceeds back into Silver Miners, which had not kept pace with silver prices. Further, Sprott recently announced the creation of a new Silver Bullion mutual fund. What more can you ask of him?